JPM Strategic Bond I Gross Acc (FUND:B3RJCD7) - Overview

Fund Report

JP Morgan Strategic Bond I - Gross Accumulation

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager NameRobert Michele
Inception Date30/06/2009
NAV 08/12/2016GBP 1.53
Day Change0.33%
12 Month Yield3.56%
ISINGB00B3RJCD71
SEDOLB3RJCD7
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016492.76 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.40%
AMC0.40%
Fund Rebate0.05%

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE LIBOR GBP Overnight

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Morningstar Analyst Rating™ *

Neutral

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund7.281.991.59-0.134.07
Category15.764.274.430.344.80
Benchmark5.930.047.921.393.49
  • Fund: JP Morgan Strategic Bond I - Gross Accumulation
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 08/12/2016
FundCatBmark
YTD4.415.223.49
3 Years Annualised2.213.354.22
5 Years Annualised3.165.993.88
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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  • 3
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  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund seeks to maximise returns by investing primarily in a global portfolio of fixed and floating rate Debt Securities. The Fund may invest in developed and Emerging Market countries and hold Investment Grade, Below-Investment Grade and Unrated Bonds, Asset and Mortgage Backed Securities (ABS and MBS), Credit Linked Notes and Structured Products. The Fund may use Financial Derivative Instruments (derivatives) for investment purposes or Efficient Portfolio Management including hedging, where appropriate. The Fund may invest up to 10% in Convertible Bonds. The Fund may also hold up to 10% in Equity Securities typically as a result of events relating to the Fund’s investment in Debt Securities including, but not limited to, Debt Securities converting or being restructured.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.010.000.01
Bonds153.3913.56139.83
Cash243.88286.47-42.58
Other6.153.402.75
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond43.32
Agency Mortgage Backed29.89
Government Related27.45
Government16.66
Commercial Mortgage Backed8.09
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioUs 5yr Note (Cbt) Bond 30/Dec/2016 Fvz6 Comdty 19.95
New since last portfolioUs 10yr Note (Cbt )dec16 Bond 20/Dec/2016 Tyz6 13.05
New since last portfolioTba Gnma2 Single 3% 11/45 10.46
JPM Sterling Liquidity X (dist.) Luxembourg7.85
New since last portfolioTba Fnma Single Family 30yr 3 11/13 7.60
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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